SAN DIMAS, Calif. – Christian Community CU’s Focused on the Future Scholarship Program granted $31,000 in scholarships to 32 students.

FALL RIVER, Mass. – Police and credit union officials are studying a tiny device they discovered on a credit union ATM last week that had a camera and battery.

AUGUSTA, Me. – Maine Education CU is working with city officials on a plan to build a credit union branch in the Capital Area Technical Center.

YUMA, Ariz. – A local business owner pleaded guilty last week to paying more than $1 million in kickbacks a top official at AEA FCU to obtain $22 million in member business loans and has agreed to testify against the credit union’s former business loan director and his wife.

WASHINGTON – At least one candidate is believed to have been interviewed by the White House for the impending vacancy on the NCUA Board, Carla Decker, the president of Washington’s District Government Employees FCU, according to several sources.

MANHATTAN, Kan. – Navy FCU opens its newest branch here this morning, to serve the 1st Infantry Division of the U.S. Army at Fort Riley, the oldest division in the U.S. Army, emphasizing the credit union giant’s growing expansion outside its core Navy group.

MADISON, Wis. – Summit CU said it will create a $2 million loan program for residential solar power projects under a partnership proposed with the city of Milwaukee.

MADISON, Wis. – The credit union lobby made a last-ditch effort to stop a bank-backed bid to ease credit union conversions to banks, asking Gov. Scott Walker to exercise his line-item veto power to remove a provision in the budget passed by the legislature making it easier to make the charter switch.

CLEVELAND – A local church, emerging as one of the biggest victims of last year’s collapse of St. Paul Croatian FCU, filed suit in federal court here Friday over NCUA’s denial of a $1.5 million deposit insurance claim, the latest in a growing number of legal claimants in the widening scandal.

HOLLYWOOD, Calif. — The National Federation of Community Development Credit Unions said it has received a $10 million investment from Bank of America, and a $2 million investment from the Ford Foundation. President and CEO Cliff Rosenthal said the New York-based Federation will use some of the new funding as a means of providing additional capital to CDCUs.

MADISON, Wis. — CUNA Mutual Group plans to ask its policyholders to approve a plan to convert CUNA Mutual Insurance Society to a mutual holding company structure from its current mutual insurance company structure. Under a MHC, CMIS would become a subsidiary of MHC; policyholders would own the MHC.

ALEXANDRIA, Va. – The NCUA Board this morning issued a proposal for comment that could lead to broader use of financial derivatives for credit unions to hedge interest rate risk, beyond the limited number of credit unions now authorized to use the instruments.

ST. LOUIS – The Federal Reserve’s proposed cap on debit fees is “discriminatory,” because it singles out the nation’s biggest banks and credit unions, so should be barred from being finalized, lawyers for Minnesota’s TCF Bank told a federal appeals court yesterday.

NEW YORK – Capital One Financial, the one-time credit card bank, said it has agreed to acquire the ING Direct USA, the provider of some of the highest CD rates online.

BENTONVILLE, Ark. – Walmart said it is extending its financial services offerings with the roll-out of 1,900 MoneyCenter kiosks

FAIRHAVEN, Mass. – First Citizens’ FCU said it is opening a new branch Monday in Mashpee, its fourth on Cape Cod.

BATON ROUGE, La. – Dow Louisiana FCU is has applied to local authorities to rezone land here where it plans to build a new four-story headquarters.

NORCROSS, Ga. – Associated CU has added EZDeposit to its suite of online banking services.

WASHINGTON – Long-term mortgage rates were little changed from last week, holding steady at year-long lows.

LAKE JACKSON, Texas – Texas Dow Employees CU said yesterday it plans to acquire San Jacinto Area CU, marking its second merger with a troubled Houston-area credit union in recent weeks.